Iola Spencer Memorial Trust
Iola Spencer Memorial Trust is a private foundation, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $281K in total assets. In 2024, it awarded 1 grants totaling $13K. Net investment income was $22K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$281K
+2.4% YoY
Annual Giving
$13K
-11.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$13K
-11.5% YoY
About Iola Spencer Memorial Trust
Based on IRS filings
Iola Spencer Memorial Trust is a private foundation, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $281K in total assets. In 2024, it awarded 1 grants totaling $13K. Net investment income was $22K.
Ready to take the next step with Iola Spencer Memorial Trust?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $281,133 | $274,537 | $289,415 |
| Revenue | $24,997 | $5,122 | $8,257 |
| Expenses | $18,397 | $19,821 | $23,640 |
| Qualifying Distributions | $15,353 | $16,998 | $15,969 |
| Net Investment Income | $22,064 | $7,305 | $6,237 |
| Distributable Amount | $16,454 | $15,295 | $15,833 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REGIONS BANK | TRUSTEE | 1 | $3,336 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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